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Sporttrade is a game-changer, blending the excitement of sports wagering with the strategic trading of the stock exchange. As an avid bettor, I've experienced firsthand how Sporttrade revolutionizes online sportsbooks by allowing you to be both a buyer and seller, offering a transparent platform for trading bets like stocks.
This unique approach in the sports betting industry provides an unparalleled wagering experience. I can set my lines and trade with others in real time, truly setting Sporttrade apart among sports betting platforms. While the site doesn't provide a casino platform, it is a completely unique operator I think bettors will love. I'll cover all of this and more in this comprehensive Sporttrade review.
The Sporttrade bonus rewards new users with 3% cash back on qualifying trades within their first 7 days, up to $300.
When I registered using the link on this page, I allocated $50 each on four different wagers of -400 or better, totaling a $200 handle. This earned me a $6 cash back, a nice little bonus to my wagering efforts.
If you want, you can earn all the way up to $300 in cashback!
Remember, the offer counts all the trades you make in the first seven days, rewarding your active participation without needing an opt-in.
The Sporttrade welcome offer is as straightforward as it is generous, but it's crucial to understand the terms to make the most of it. Here’s a breakdown of the key points:
As a sports betting exchange, Sporttrade doesn't offer many sportsbook promos aside from its welcome bonus, which is disappointing. Sporttrade does offer a referral bonus if you recommend your friends and family to the platform. You can also earn a free trial to OddsPulse, a platform for betting exchange advice and insights.
While using the exchange, I thought it was a shame bonus wagering credits and special odds boosts weren't available. I'd like to see this improved in the future.
Online Availability: | 5 states as of December 2024 |
Retail Sportsbooks?: | None |
Payment Methods: | Online Banking, eWallets |
Customer Support: | Live Chat, Call/text, Email, Submit request/leave a voicemail, Social Media |
Live Streaming?: | No |
Loyalty Program: | None |
Sporttrade is available online in Arizona, Iowa, Colorado, New Jersey, and Virginia.
Learn more about Sporttrade's launch and partnerships in each state:
State | Launch Date | Partner |
---|---|---|
Arizona Sportsbooks | Sept. 26, 2024 | Quechan Tribe of the Ft. Yuma Indian Reservation, California & Arizona |
Colorado Sportsbooks | Aug. 29, 2023 | GF Gaming |
Iowa Sportsbooks | May 2, 2024 | Wild Rose Casino & Hotel, Clinton |
NJ Sportsbooks | Sept. 15, 2022 | N/A |
Virginia Sportsbooks | Oct. 24, 2024 | N/A |
For more information on each state's regulations and guidelines, check out our legal sports betting states tracker.
Another disappointing feature is the lack of a rewards program. Although this is a common feature, I was disappointed that Sporttrade hadn't included it in its offering.
In the future, I'd like to see this added to give extra value to users.
As a relatively new sportsbook, having launched in NJ in September 2022, Sporttrade offers fewer sports markets than some of its more established competitors. However, this isn't necessarily a problem, as I found its markets more than adequate.
You can bet on all the most popular US sports for wagering, like football, baseball, basketball, and ice hockey. In addition, the site offers some soccer markets, which is pleasing.
Below, we've listed the sports available for wagering at Sporttrade:
Keeping informed with the latest sports news can significantly improve your chances on the Sporttrade market, helping you make more informed decisions.
Sporttrade offers a novel approach to wagering, setting it apart from traditional methods. Thanks to its real-time trading capabilities and market-driven odds, it provides better odds and significantly lower fees.
The opportunity for arbitrage and the absence of a traditional vig mean users can often find more value than through conventional channels. Sporttrade allows users to trade anytime during the game, offering unparalleled control over their betting portfolio. The ability to set one's own pricing further enhances this experience.
It also offers features like live betting.
Sporttrade could improve by broadening its reach. Luckily, it is seeking licenses in other jurisdictions and is expected to launch soon. It could also expand its educational resources for newcomers.
Enhancing its geolocation technology could also offer a smoother, more reliable user experience, ensuring users stay connected wherever they are.
You can compare Sporttrade's features to those of other exchange betting sites to see how it stacks up.
App Store Rating: | 4.6/5 stars (230 reviews) |
Google Play Store Rating: | 3.7/5 stars (19 reviews) |
Available States: | AZ, CO, IA, NJ, VA |
Other Sporttrade Apps: | None |
The convenience of the Sporttrade app allows you to stay engaged with your favorite sports markets anytime, anywhere.
I've been exploring the Sporttrade app on my iOS and Android devices and found it refreshingly straightforward. It's a unique blend of a clean sportsbook and an online exchange focusing on the essentials.
The Sporttrade app is divided into four main areas: Markets, Portfolio, Futures, and Account, making it easy for me to navigate through live games, manage my open positions, and adjust my settings, including a handy light/dark mode toggle.
From my experience, the Sporttrade app stands out for its clear, fast platform, especially when I'm looking to quickly create or adjust my positions on various games. While it's a bit different from what I'm used to with some of the best betting apps, its streamlined approach has made my experience engaging.
The application could benefit from a few tweaks here and there, especially in geolocation and availability. The Android app, for example, is only available in New Jersey. But overall, the app is excellent.
Sporttrade is a legitimate, trustworthy operator licensed to accept wagers in five states. Its legitimacy is underlined by its use of enhanced security measures like SSL encryption on payments. Sporttrade only accepts safe and secure payment methods, like online banking and e-wallets.
Deposit options include online banking, credit/debit, and cash at the Bally's Atlantic City Casino cage in New Jersey. These cover most of the popular payment options, and I was pleased with the ease of making payments on the platform. The minimum deposit was excellent, too, at just $5.
You can withdraw from Sporttrade using online banking, debit, or cash. The minimum withdrawal is $5, which is lower than most platforms on the market.
Expect more methods as Sporttrade grows.
Use Sporttrade's responsible gambling tools, like deposit and session limits. If needed, seek assistance from third-party organizations, like the National Council on Program Gambling, whose contact details we have listed below.
If you have a problem placing sports wagers using the Sporttrade app, the operator offers numerous ways to contact Sporttrade and troubleshoot your problems.
The application offers an extensive FAQ section discussing the market exchange system and how to fund and withdraw from your account.
If you need further assistance, the exchange offers a live chat and email support, or you can request a callback from a Sporttrade representative.
Sporttrade is one of the most unique betting platforms available and one of the only ones offering exchanges across multiple states. Prices fluctuate constantly, and you can take advantage by buying or selling your position. No other national brands offer the same experience.
That being said, Sporttrade is missing some of the basics you'd expect from other betting brands. For example, you won't find odds boosts here, like at BetMGM or FanDuel. Other apps often also contain casino gaming where available, and Sporttrade is just a betting exchange platform.
Sporttrade has not connected to any rewards programs yet, either.
Here's what our Gambling.com experts have to say:
Sporttrade impresses as a dynamic operator. With better prices, no wagering limits, and flexible markets, it offers a unique experience.
However, its mobile-only access and limited sports selection could improve.
The company stands out for its innovative approach, making it a valuable choice for those seeking a new wagering experience.